Silver Spike wrote:I think it will drop to the lower 40's and start a gradual climb to 75 by the end of the year. The prices were just rising way to fast in a short period of time. The fact that AMPEX is publicly begging for people to sell to them is a sign that this will be short lived and back up the ladder. As stated earlier, the condition of the US and the world economy hasn't changed for the better so buckle up for the ride. That's just my wild donkey guess.

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Mirkkanen wrote:I just bought many 10 oz bars of silver from my LCS. If Agphillic is right about this buy point only being a stop on the way down to the $34 destination, I better get some more FRNs available quickly!

Mirkkanen wrote:I just bought many 10 oz bars of silver from my LCS. If Agphillic is right about this buy point only being a stop on the way down to the $34 destination, I better get some more FRNs available quickly!

He is barely a C student, I'd say he's worth about 300 oz of silver right now. According to Mike Maloney, you'd only have to acquire another son worth 200 oz of silver, and in a few years, you'll be able to trade them for a house!

Mirkkanen wrote:He is barely a C student, I'd say he's worth about 300 oz of silver right now. According to Mike Maloney, you'd only have to acquire another son worth 200 oz of silver, and in a few years, you'll be able to trade them for a house!

goldgoldandgold wrote:Where is melhen? Havent seen him jump for 3 days now.

Come on Melhen - these drops happen. Its temporary

Cheer up

You were right Last 2 purchases were up there Damn climb had me all screwed up,I didn't know what to do! That, and hearing comex bought out the "morgan group's" contracts for over 50 an oz when spot was in the 30's had me thinking it would continue to God knows where! Ah, waddaya gonna do, take your beatin like a man and move on

I purchased some silver and gold in the last few days. Plus i purchased a few collector coins from ebay and gulp apmex(i am sorry, i never thought i would buy from them but they had some things i wanted so i didn't care much about price. Anyway, i will probably wait a little while and see how things shake out. However, i will be still buying as it goes down just like i purchased as it went up. It will still be worth more years from now IMO. HerbPS: heck i lost more on women and racing than PM's!

That is so true Herb. If you spend $50 on an ounce of silver and it goes to $30, you still have $30. Hell, I have spent $30 on one tee box before pumping golf balls into a lake I just knew I could carry.

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